Aster (ASTER), the decentralized exchange backed by Binance founder Changpeng Zhao’s YZi Labs investment firm, has postponed its next airdrop after identifying “potential data inconsistencies.”
Key points to remember:
- Aster delayed its release after discovering potential inconsistencies in data affecting certain user allocations.
- The postponement follows user complaints about inaccurate results from the project’s “S2 airdrop checker” tool.
- DeFiLlama also suspended Aster trading data amid Binance-like volume correlations.
Originally scheduled for October 14, the drop will now take place on October 20, pending an internal review, the team announced Friday.
Aster promises fair adjustments after users report airdrop allocation errors
The Aster team said it would update “some users’ allocations as necessary,” noting that “for most users, allocations should not fall below the final RH% snapshot in each epoch.”
The cause of the discrepancies has not been fully detailed, but the decision follows user complaints about inaccurate results from the “S2 airdrop checker” tool released earlier today.
One trader claimed an allocation of only 336 ASTER tokens despite generating over $9 million in trading volume. A total of 153,000 wallets are eligible for the Aster Genesis: Stage 2 airdrop.
Formerly known as APX Finance, Aster is a cross-chain perpetual futures DEX operating on Solana, Ethereum, Arbitrum and BNB Chain.
The platform, which aims to rival Hyperliquid, saw more than $420 billion in trading activity last month, according to The Block.
At the time of writing, ASTER is trading near $1.69, broadly stable despite broader market weakness caused by renewed trade tensions following Donald Trump’s announcement of 100% tariffs on Chinese imports.
Last week, DeFiLlama temporarily removed trading volume data for Aster after detecting unusually high correlations with Binance perpetual volumes.
Co-founder 0xngmi announced the delisting on October 5, citing data integrity issues after Aster’s XRP/USDT and ETH/USDT pairs showed correlation ratios of nearly 1:1 with Binance.
The analytics site said it lacked the granular data needed to confirm possible wash swaps, leading to the suspension until verification became possible.
The move divided the crypto community, sparking debate over whether the volumes were manipulated or simply reflect a migration of liquidity from Binance to Aster.
Blockchain investigator ZachXBT criticized Anndy Lian for downplaying the issue, while Lian argued that volume alignment between large projects is normal and that Aster’s activity reflects broader market behavior.
He added that aggressive spending aimed at gaining market share is a business decision and not necessarily manipulation.
Aster Refunds Traders After XPL Price Glitch Triggers Liquidations
Last month, Aster refunded users in USDT after a sudden price rise in the XPL perpetual contract triggered forced liquidations.
The anomaly, which occurred during the transition from pre-launch to live trading, saw the price of XPL briefly rise to over $4, well above its average of $1.30 on other platforms.
The exchange responded quickly, making the first round of refunds within hours and compensating affected traders for liquidation and trading costs.
While the exact cause remains unconfirmed, early speculation suggests a misconfigured index price or missing synchronization with live market data. Aster vowed to continue his investigation into the incident.
The issue follows the mainnet launch of Plasma, a stablecoin-focused layer 1 whose native token XPL quickly reached a valuation of $12 billion.
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